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Four-Building Garden Apartment Portfolio
For Sale
$1,299,900

565 Ryan Avenue Columbus OH 43223, Columbus, OH 43223

Portfolio includes 16 two-bedroom, one-bath garden apartments across four buildings with additional surface lots and green space.

Property SizeContact for details
Days on Market44

Property Features for 565 Ryan Avenue Columbus OH 43223

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Opportunity Zone Yes
Multifamily Units 16

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: Connect Realty
Listed By: Todd Dehays
Source: Search.reafcorealestate
Added: Jul 18 Changed: Aug 25 Last Checked: Aug 30 at 1:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Connect Realty

Investment Insights

Based on property information with market context.

This offering includes four apartment buildings with a total of 16 garden apartments configured as two-bedroom, one-bath units across two parcels. Each building’s first floor is currently combined into four-bedroom apartments by removing the divide wall, creating an open floor plan with an office area and laundry space.

The property also includes two large surface lots and a large green space. The listing indicates it is located in an Opportunity Zone and residents pay all utilities. Addresses included are 565–571 Ryan Ave and 1611–1639 Safford.

Key Highlights

  • Portfolio includes 16 two‑bedroom, one‑bath garden apartments across four buildings
  • Year built: 1972
  • First floors are combined into 4 bed apartments by removing divide walls, with office and laundry space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby

Demographics for 43223, OH

27,951
Population
10,662
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
77%
High-School Grad
10.0 sq mi
ZIP Area
2,795
Density / Sq Mi
$45,902
Median Household Income
$32,509
Median Earnings
$1,063
Median Rent
$113,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Portfolio includes 16 two-bedroom, one-bath garden apartments across four buildings with additional surface lots and green space.
Where is this apartment building located?
The property is located at 565 Ryan Avenue Columbus OH 43223 Columbus, OH.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Portfolio includes 16 two‑bedroom, one‑bath garden apartments across four buildings; Year built: 1972; First floors are combined into 4 bed apartments by removing divide walls, with office and laundry space
More about this property
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